
We create and structure cloud insurance products that help businesses hedge against the financial risks deriving from cloud service outages.

We create and structure cloud insurance products that help businesses hedge against the financial risks deriving from cloud service outages.
What they do: Structure cloud outage insurance products (Cloud Outage Payout Agreements - COPA)
Headquarters: Seattle, Washington, United States
Founders: Chris Koo; Paul Zhao
Recent funding signal: Series A round reported Oct 13, 2020
Risk transfer for cloud service outages / cloud reliability financial hedging
Insurtech
$28,000,000
Series A round reported Oct 13, 2020 for $28M
“Raised a Series A round led by Prytek with participation from FinTLV Ventures and MS&AD Ventures”